Porsche Working On Plug-In Hybrid Version Of Panamera Sedan For 2014

Porsche is reportedly working on a plug-in hybrid version of its popular Panamera four-door sports sedan for 2014.

Volkswagen owns nearly half of Porsche, and it’s planning on rolling out plug-in versions of the VW Passat and the Audi Q7 in 2014 or 2015.

Carmakers are looking to increasingly unveil plug-in cars in the United States because of pending CAFE requirements that significantly increase fuel economy in the upcoming years. Plug-in hybrids able to travel on electric power alone help offset gas-guzzling vehicles part of corporate fleets.

Most of the hybrids in today’s U.S. market don’t have the plug-in functionality. They have a battery that is only able to charge while the car is running and in motion. The plug-in feature allows the owner to plug the car into a charging station, allowing for a higher driving range.

Porsche’s upcoming plug-in won’t be the its first; the Panamera S Hybrid was unveiled with a $95,000 sticker price in February 2011.

Source: Daily Tech